J&J Snack Foods Corp. (NASDAQ:JJSF) Shares Sold by Amalgamated Bank

Amalgamated Bank decreased its holdings in J&J Snack Foods Corp. (NASDAQ:JJSF) by 3.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,571 shares of the company’s stock after selling 157 shares during the quarter. Amalgamated Bank’s holdings in J&J Snack Foods were worth $787,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Thrivent Financial for Lutherans lifted its position in shares of J&J Snack Foods by 130.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 535,831 shares of the company’s stock valued at $87,003,000 after buying an additional 303,673 shares in the last quarter. Westwood Holdings Group Inc. grew its position in shares of J&J Snack Foods by 22.4% in the first quarter. Westwood Holdings Group Inc. now owns 542,945 shares of the company’s stock valued at $78,488,000 after purchasing an additional 99,264 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of J&J Snack Foods by 6.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,562,491 shares of the company’s stock worth $253,702,000 after purchasing an additional 89,160 shares in the last quarter. Vanguard Group Inc. raised its position in shares of J&J Snack Foods by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 1,636,305 shares of the company’s stock worth $236,544,000 after purchasing an additional 71,378 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in J&J Snack Foods by 16.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 223,242 shares of the company’s stock valued at $36,248,000 after buying an additional 31,897 shares in the last quarter. Hedge funds and other institutional investors own 76.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Benchmark reissued a “buy” rating and set a $200.00 target price on shares of J&J Snack Foods in a report on Tuesday, October 29th.

Insider Activity

In other news, Director Gerald B. Shreiber sold 20,000 shares of the firm’s stock in a transaction that occurred on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 22.20% of the company’s stock.

J&J Snack Foods Trading Down 3.9 %

Shares of JJSF stock opened at $166.50 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.39 and a current ratio of 2.27. The stock’s fifty day moving average is $168.46 and its two-hundred day moving average is $165.73. J&J Snack Foods Corp. has a fifty-two week low of $133.23 and a fifty-two week high of $180.80. The firm has a market capitalization of $3.23 billion, a P/E ratio of 37.00 and a beta of 0.63.

J&J Snack Foods Profile

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.